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the san dust see scandal was never about penn state. it was a platform to allow penn state to step forward and make national change in preventing child abuse. i'm the lead lawyer on the miramonte child abuse case. we could use some of that money that has been earmarked as a sanction to have it be sent to los angeles. for pennsylvania to again make this about penn state is an embarrassment. >> look, i don't blame brian for being upset about it. it's interesting. i went to school in central pennsylvania which is now part of penn state. one in 117 americans has some affiliation of penn state i. don't disagree with you that what they did and what happened with sandusky was the most despicable thing i've ever seen. whether or not the ncaa is the view it place to get the money. i get that you want to get that money for child advocacy, i don't blame. that is an erstwhile goal. but -- and one other thing and i don't want to take up all the time. when tom corbett was the attorney general and the penn state investigation began for the first time
the san dust see scandal was never about penn state. it was a platform to allow penn state to step forward and make national change in preventing child abuse. i'm the lead lawyer on the miramonte child abuse case. we could use some of that money that has been earmarked as a sanction to have it be sent to los angeles. for pennsylvania to again make this about penn state is an embarrassment. >> look, i don't blame brian for being upset about it. it's interesting. i went to school in central...
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the ncaa imposed stiff sanctions and a $60 million fine against penn state university. now, pennsylvania's governor is taking the ncaa to court. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. >>> the courts say former penn state assistant coach jerry sandusky deserves 30 to 60 years in prison for molesting young boys. but pennsylvania governor tom corbett says penn state doesn't deserve the punishment it got for sandusky's crimes. today, corbett announced a lawsuit against the ncaa. >> our complaint states that the ncaa forced penn state's new president to agree to its sanctions under threat of the death penalty for the pe
the ncaa imposed stiff sanctions and a $60 million fine against penn state university. now, pennsylvania's governor is taking the ncaa to court. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. plays a key role throughout our lives. one a day...
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the penalty include a $60 million fine against penn state. used to finance child abuse prevention efforts on a national level. state lawmakers object to that money being spent outside pennsylvania. >>> florida pilot's travel routine helped him stop a thief from breaking into his house. david zetner and his wife always fly over their house on the way to the airport after a trip to take a look at their property from the sky. this tomb they spotted something unusual. a man casing the house. with the plane making circles over the house, the thief hooked up david's trailer to the truck and took off. we want to get the latest now from the white house. the president is responding to the house vote tonight. >> a central premise of my campaign for president was to change the tax code. that was too skewed towards the wealthy at the expense of working middle-class americans. tonight, we have done that. thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxes on the wealthiest 2% of americans. while preventing a m
the penalty include a $60 million fine against penn state. used to finance child abuse prevention efforts on a national level. state lawmakers object to that money being spent outside pennsylvania. >>> florida pilot's travel routine helped him stop a thief from breaking into his house. david zetner and his wife always fly over their house on the way to the airport after a trip to take a look at their property from the sky. this tomb they spotted something unusual. a man casing the...
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ncaa sanctions punished penn state. >> now it's stirring up a new court battle. >>> coming up on news4, i'm tracee wilkins. fans are so illustrate xooed. [ male announcer ] this commercial is not about getting fios, it's about getting fios. that moment after you finally got it that you actually get it. the difference 100% fiber optics makes and you say "woah we are not on cable anymore." when online videos aren't herky jerky, you get it. or when a movie downloads in two minutes, you get it. [ female announcer ] switch to fios internet, tv, and phone for this amazing price online, just $79.99 a month guaranteed for two years with a two-year agreement. plus get $300 back. hurry, last chance to get this incredible deal. offer ends january 5th. fios brings you internet ranked the fastest in the nation. and unbeatable picture quality. it's 100% fiber optic, 100% different from cable. so get fios for this incredible price online, just $79.99 a month guaranteed for two years with a two-year agreement. plus get $300 back. or get this great price with no annual contract. hurry, this offer ends
ncaa sanctions punished penn state. >> now it's stirring up a new court battle. >>> coming up on news4, i'm tracee wilkins. fans are so illustrate xooed. [ male announcer ] this commercial is not about getting fios, it's about getting fios. that moment after you finally got it that you actually get it. the difference 100% fiber optics makes and you say "woah we are not on cable anymore." when online videos aren't herky jerky, you get it. or when a movie downloads in two...
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related to the child sex abuse scandal involving former penn state football coach jerry sandusky. the governor of pennsylvania says he plans to sue the ncaa over sanctions it imposed against the team. the university agreed to the sanction last july. they included $60 million fine, that would be used nationally to finance child abuse prevention efforts. governor corbett objects to money being spent outside of pennsylvania. he scheduled to hold a news conference after filing the lawsuit tomorrow. >>> she is in good spirits and making excellent progress. that's what doctors have to say about secretary of state hillary rodham clinton as she gets treated for a blood clot in her head. it was found this weekend during an exam to check her recovery from a concussion she suffered after a fall at her home last month. doctors say that they are not sure whether the clot is related to the concussion. she is being treated with blood thinners. >>> students who survived the massacre at sandy hook elementary school in newtown, connecticut, go back to class this week. the elementary school students
related to the child sex abuse scandal involving former penn state football coach jerry sandusky. the governor of pennsylvania says he plans to sue the ncaa over sanctions it imposed against the team. the university agreed to the sanction last july. they included $60 million fine, that would be used nationally to finance child abuse prevention efforts. governor corbett objects to money being spent outside of pennsylvania. he scheduled to hold a news conference after filing the lawsuit tomorrow....
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. >>> a developing story related to the child sex abuse scandal at penn state university. the governor of pennsylvania says he plans to sue the ncaa over sanctions it imposed against the university for its role in covering up jerry sandusky's abuse of young boys. the sanctions in the case include a $60 million fine. it would be used to finance child abuse prevention efforts on a national level. state law make object to the money being spent outside of pennsylvania. it is still unclear mr. the lawsuit will seek to overturner on penalties against the university. >>> ahead tonight on "news4 at 6:00," lining up for a glimpse of history. huge crowds get a look at the emancipation proclamation before it goes back into safe keep. >> a local school district making security changes when students go back to classes this week. >>> the family of hugo chavez, stepping out in front of [ male announcer ] now at your neighborhood subway: the big hot pastrami melt. we perfected the pastrami sandwich -- filled with hot, juicy pastrami, pickles, yellow mustard and bubbly melted cheese. all p
. >>> a developing story related to the child sex abuse scandal at penn state university. the governor of pennsylvania says he plans to sue the ncaa over sanctions it imposed against the university for its role in covering up jerry sandusky's abuse of young boys. the sanctions in the case include a $60 million fine. it would be used to finance child abuse prevention efforts on a national level. state law make object to the money being spent outside of pennsylvania. it is still unclear...
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the announcement all because he wants the entire amount of the $60 million fine that penn state received from the ncaa, he wants that to stay in the state. that money was because of the gerry sandusky sex scandal, but only about 25% will be disbur disbursed. the slated 75% of the money to help child sex abuse victims again will be spend outside the state of pennsylvania. >>> and then take a look at your video. just remarkable. a sled going across the ice, and then the man falling through a frozen lake in rightwood, california. the tape was rolling. thej people coming to the edge of thin ice, and you go through. again -- well, you know how this ends. the ice stays thin, no matter how many people go on it. this became a calamity, but luckily, one of the people who had a rope -- they were able to get them out of the frigid waters. but remarkable. take a listen to this. >> i ran up to the car, god the rope, ran back downed, uncoiled it, threw it out. i was coming up about seven feet short. at that point ear people started running cargo straps to the rope. i ran up to the top of the hill and
the announcement all because he wants the entire amount of the $60 million fine that penn state received from the ncaa, he wants that to stay in the state. that money was because of the gerry sandusky sex scandal, but only about 25% will be disbur disbursed. the slated 75% of the money to help child sex abuse victims again will be spend outside the state of pennsylvania. >>> and then take a look at your video. just remarkable. a sled going across the ice, and then the man falling...
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. >>> minutes after being found guilty on 45 of 348 counts against him, former penn state assistant football coach jerry dan cuss can i was taken away in handcuffs. >> essentially the sentence jerry will receive will be a life sentence. >> gerry sandusky left the courthouse from a back door in cuffs and red-orange jump does that suit, showing little emotion after being sentenced to a minimum of 30 years in prison. >>> at top speeds of just 2 miles an hour, officials navigated the 170,000-pound shuttle through the city, carefully avoiding trees, streetlights, eyen coming within inches of some building. >>> hurricane sandy barreled into the northeast, technically downgraded, but the storm delivering a ferocious blow. >>> homes ripped from foundations, streets now resemble sand dunes. in seaside heights, pieces of the one popular fun town float in the ocean. >>> reelected with more than 300 electoral votes and the majority of the popular vote, president obama headed back to the white house. >>> it's a tragedy of inimaginable horror. more than a dozen elementary children brutally murdered by a g
. >>> minutes after being found guilty on 45 of 348 counts against him, former penn state assistant football coach jerry dan cuss can i was taken away in handcuffs. >> essentially the sentence jerry will receive will be a life sentence. >> gerry sandusky left the courthouse from a back door in cuffs and red-orange jump does that suit, showing little emotion after being sentenced to a minimum of 30 years in prison. >>> at top speeds of just 2 miles an hour,...
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claiming it overstepped its ority when it penalized penn state after the child sex abuse scandal. assistant football coach jerry sandusky was convicted of molesting ten boys. governor tom corbett says the penalties-- including a $60 million fine-- harm students who had nothing to do with the crimes. the n.c.a.a. says the lawsuit has no merit. avis is getting into the car sharing business, buying zipcar for almost half a billion dollars. it gives the nation's third-largest car rental agency access to a fast-growing segment of the industry which allows members to rent cars by the hour. she was one of the best-selling recording artists of all time. remembering patti page and her music next. ♪ i remember the night and the tennessee waltz ♪ i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. blast of cold feels nice. why don't you use beng
claiming it overstepped its ority when it penalized penn state after the child sex abuse scandal. assistant football coach jerry sandusky was convicted of molesting ten boys. governor tom corbett says the penalties-- including a $60 million fine-- harm students who had nothing to do with the crimes. the n.c.a.a. says the lawsuit has no merit. avis is getting into the car sharing business, buying zipcar for almost half a billion dollars. it gives the nation's third-largest car rental agency...
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jonathan hunt, the president uses 25 pens to sign a bill, one penn for half of a letter. >>jonathan: part of the choreography of washington, dc, we see, and they put more effort in this than in achieving solid proposals for the american people. >>gregg: congress my have ended the dreaded fiscal cliff drama for now but chances are your paycheck will shrink because congress decided not to extend the payroll tax for 77 percent of americans. according to the tax policy center which is an independent research group, they broke it down for us. households making between $50,000 and $75,000 take around $800 less. those between $75,000 and $100,000 see pay go down $1,200 and taxes grow only as income is higher and higher. >>reporter: everyone is whacked, try $14,000 a year in payroll taxes for those earning $400,000 a year. the changes are in the withholding taxes how much the i.r.s. requires an employer to withhold. you will see a difference in fica deductions which is social security and care. the stacks 12.4 percent. the employer pays half and you pay half. if you earn $38,000
jonathan hunt, the president uses 25 pens to sign a bill, one penn for half of a letter. >>jonathan: part of the choreography of washington, dc, we see, and they put more effort in this than in achieving solid proposals for the american people. >>gregg: congress my have ended the dreaded fiscal cliff drama for now but chances are your paycheck will shrink because congress decided not to extend the payroll tax for 77 percent of americans. according to the tax policy center which is...
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tom corbett filed a lawsuit against the organization today, claimed sanctions levied against penn state punished the wrong people. the lawsuit claims the organization was motivated by a desire to gain leverage in the court of opinion opinion. the sanctions including a $60 million fine and four-year bowl ban. corbett wants all the sanctions thrown out. >>> we have breaking news now. we are told that secretary of state hillary clinton is in fact now out of the hospital. a spokesman for the secretary just released the statement. it said that mrs. clinton was discharged from presbyterian hospital this even. the medical team says she's making good progress on all fronts. they're confident she will make a full recovery. secretary clinton was admitted to the hospital on sunday after doctors discovered a blood clot in her head. it is not clear yet when she will return to her office in washington. >>> legendary singer patty page has died. ♪ how much is that doggie in the window ♪ >> you've heard that song before, one of her biggest hits, the 1950s star also had a hit with the song "the tenne
tom corbett filed a lawsuit against the organization today, claimed sanctions levied against penn state punished the wrong people. the lawsuit claims the organization was motivated by a desire to gain leverage in the court of opinion opinion. the sanctions including a $60 million fine and four-year bowl ban. corbett wants all the sanctions thrown out. >>> we have breaking news now. we are told that secretary of state hillary clinton is in fact now out of the hospital. a spokesman for...
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we will be back with an update on the penn state scandal. >> good morning. welcome back. the time is 4:24. >> new fallout in the case against convicted child molester jerry sandusky. >> pennsylvania's governor says he will file a lawsuit against the in see the will a or the punishment against the estate. >> off the n.c.a.a. took away when to reduce college kids and temporarily banned the school from competing in the postseason because of how ministers to handle the sex scandal. >> survivors of a weakened bus crashed on or in highway are collecting their passports so they can return home to canada. >> police officers allow people to pick up their belongings which were strong across the hillside. >> sunday their tour bus crashed on an icy road. >> the red cross says a lot of the survivors are afraid to get on another bus. >> so a nearby car dealer offered vehicle to drive home. at least 14 people were still hospitalized in three states. the crash killed nine and injured 38 others. >> a connecticut lawyer has withdrawn his request to sue the state over the sandy hook element
we will be back with an update on the penn state scandal. >> good morning. welcome back. the time is 4:24. >> new fallout in the case against convicted child molester jerry sandusky. >> pennsylvania's governor says he will file a lawsuit against the in see the will a or the punishment against the estate. >> off the n.c.a.a. took away when to reduce college kids and temporarily banned the school from competing in the postseason because of how ministers to handle the sex...
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over sanctions against penn state university in the child sexual abuse scandal that rocked the school. the penalties include a $60 million fine to finance child abuse prevention grants nationwide. governor tom corbett said today the state wants a federal court to guarantee that all of the money is spent in pennsylvania. the university agreed to the sanctions last july. those are some of the day's major stories. now, back to judy. >> woodruff: now we return to one of the biggest stories of last year, hurricane sandy, and its devastating impact on new york and new jersey. jeffrey brown has our update on where things stand today. >> brown: as winter storms bore down on parts of the midwest and northeast last week, flood waters again rose in a small coastal town of sea bright new jersey. >> we went through the previous storm. it was bad. i didn't expect another one that quickly. >> we went through a very strong last night. plus we're more vulnerable because we don't have any sand on the beach. >> brown: those sands were washed away two months ago when hurricane sandy battered new jersey,
over sanctions against penn state university in the child sexual abuse scandal that rocked the school. the penalties include a $60 million fine to finance child abuse prevention grants nationwide. governor tom corbett said today the state wants a federal court to guarantee that all of the money is spent in pennsylvania. the university agreed to the sanctions last july. those are some of the day's major stories. now, back to judy. >> woodruff: now we return to one of the biggest stories of...
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the ncaa fined penn state $60 million and stripped the football program of 14 seasons of victories. >>> a fun new year's tradition with serious overtones, about 200 people took part in a polar plunge in north carolina, the event raised funds for a local charity and touched on the shooting tragedy in newtown, connecticut. the polar bears signed a large card to send to the town. >>> secretary of state hillary clinton is still in a new york hospital this morning after doctors discovered a blood clot between her brain and skull right behind her right ear. she's being treated with blood thinners and expected to be released after doctors set her medication dosage. her daughter chelsea tweeted a thank you to all for sending good thoughts my mom's way. grateful to all her doctors and that she'll make a full recovery. >>> four masked and armed robbers hit an apple store in central paris, making off with as much as $1.3 million of merchandise. now the robbers entered the ore afterhours on new year's eve while police were focusing on areas with revelers, people celebrating. the robbers loaded ip
the ncaa fined penn state $60 million and stripped the football program of 14 seasons of victories. >>> a fun new year's tradition with serious overtones, about 200 people took part in a polar plunge in north carolina, the event raised funds for a local charity and touched on the shooting tragedy in newtown, connecticut. the polar bears signed a large card to send to the town. >>> secretary of state hillary clinton is still in a new york hospital this morning after doctors...
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over sanctions against penn state university in the child sexual abuse scandal that rocked the school. the penalties include a $60 million fine to finance child abuse prevention grants nationwide. governor tom corbett said today the state wants a federal court to guarantee that all of the money is spent in pennsylvania. the university agreed to the sanctions last july. those are some of the day's major stories. now, back to judy. >> woodruff: now we return to one of the biggest stories of last year, hurricane sandy, and its devastating impact on new york and new jersey. jeffrey brown has our update on where things stand today. >> brown: as winter storms bore down on parts of the midwest and northeast last week, flood waters again rose in a small coastal town of sea bright new jersey. >> we went through the previous storm. it was bad. i didn't expect another one that quickly. >> we went through a very strong last night. plus we're more vulnerable because we don't have any sand on the beach. >> brown: those sands were washed away two months ago when hurricane sandy battered new jersey,
over sanctions against penn state university in the child sexual abuse scandal that rocked the school. the penalties include a $60 million fine to finance child abuse prevention grants nationwide. governor tom corbett said today the state wants a federal court to guarantee that all of the money is spent in pennsylvania. the university agreed to the sanctions last july. those are some of the day's major stories. now, back to judy. >> woodruff: now we return to one of the biggest stories of...
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former penn statt assistant coach jerrr sandusky recieves a sentence of at least 30 years in jail for sexually abusing yyong boys. the latt jimmy savile of thh b-b-c accused of abusing girls he helpee with his popular t-v show. and the secreet servicc gone wild -- as aa for hiring prostitutes duringg a pressdential trip tt colombia. a difficult year for business leeders, as well.dimon says: "we made a pistake. iiam absolutely responsible." the chief execctive of barclays bob diamond - steps ddwn after allegedly manipulattig &pinteresttrates. . and a yahoo c-e-o resigning ffr fflsifying academic credentials. but what could be more scandalous then thh world of politics? illinois congressman jessie jacksonnjunior goes m-i-a ffr several months.. it's lattr discovered he's receiving treatment for bippoar depressionn fedeeal authorities are looking into skimming campaign funds to - ccngressman later resigns. pccused of wasting your tax doolars a"aa& this worker raps about how he dreams of being the commissioner ann wasting the boonses to his ffllow bureaucrats. holler says: "today's vote s
former penn statt assistant coach jerrr sandusky recieves a sentence of at least 30 years in jail for sexually abusing yyong boys. the latt jimmy savile of thh b-b-c accused of abusing girls he helpee with his popular t-v show. and the secreet servicc gone wild -- as aa for hiring prostitutes duringg a pressdential trip tt colombia. a difficult year for business leeders, as well.dimon says: "we made a pistake. iiam absolutely responsible." the chief execctive of barclays bob diamond -...
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matt mccall, penn financial group, llc, and charles payne. fox business network. welcome to you. what are companies doing now? >> companies are doing variety of things. big companies are trying to shift full-time workers into part-time workers. some of that has gotten serious negative backlash. the most infamous case if you will, darden, owners of red lobster and olive garden it. was interesting --. bill: what did they do? >> in a recent filing, the media, not the public reaction but the media's handling of moving workers from full time to part time that actually hurt their business. in other words the need yaw saying darden doesn't have a heart. red lobster doesn't like people, that kind of thing. they actually had to put a freeze on it. there is no doubt these kind of businesses will not absorb this without taking a lot of full-time workers moving them to part-time. employees will have to work less than 30 hours and be exempt. bill: matt, what are you hearing? >> just a follow-up on that, keep in mind, darden, for example, they're not giving these employees now health care but
matt mccall, penn financial group, llc, and charles payne. fox business network. welcome to you. what are companies doing now? >> companies are doing variety of things. big companies are trying to shift full-time workers into part-time workers. some of that has gotten serious negative backlash. the most infamous case if you will, darden, owners of red lobster and olive garden it. was interesting --. bill: what did they do? >> in a recent filing, the media, not the public reaction...
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it's a good thing you had life insurance through the colonial penn program. you're right. it was affordable, and we guaranteed acceptance? it means you can't be turned down because of your health. you don't have to take a physical or answer any health questions. they don't care about your aches and pains. well, how do you know? did you speak to alex trebek? because i have a policy myself. it costs just $9.95 a month per unit. it's perfect for my budget. my rate will never go up. and my coverage will never go down because of my age. affordable coverage and guaranteed acceptance? we should give them a call. do you want to help protect your loved ones from the burden of final expenses? if you're between 50 and 85, you can get quality insurance that does not require any health questions or a medical exam. your rate of $9.95 a month per unit will never increase, and your coverage will never decrease -- that's guaranteed. so join the six million people
it's a good thing you had life insurance through the colonial penn program. you're right. it was affordable, and we guaranteed acceptance? it means you can't be turned down because of your health. you don't have to take a physical or answer any health questions. they don't care about your aches and pains. well, how do you know? did you speak to alex trebek? because i have a policy myself. it costs just $9.95 a month per unit. it's perfect for my budget. my rate will never go up. and my coverage...
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matt mccall is the president of penn financial group. he jones us now live. how serious is this? >> it is extremely serious, gregg. we're seeing numbers backdating going back to november. what we haven't seen yet, we won't see until january the effect of the uncertainty of fiscal cliff and potential of falling off the fiscal cliff will have on the economy and have on consumers and potentially lead us back into as you mentioned what a lot of economists believe, another recession. gregg: what happens when fourth quarter earnings come out? >> nobody is really talking about this. companies, fourth quarter ends in a few days from now. we haven't had many warnings come from companies but when you see consumer confidence falling, mastercard came out with their numbers on holiday sales only increasing .7%. well below estimates and historical averages and consumer is 70% of the economy we'll see a wave of corporations come out earnings in middle of january, end of january, come out much lower than expectations. as senator corker talked about today, the markets have held up very well throu
matt mccall is the president of penn financial group. he jones us now live. how serious is this? >> it is extremely serious, gregg. we're seeing numbers backdating going back to november. what we haven't seen yet, we won't see until january the effect of the uncertainty of fiscal cliff and potential of falling off the fiscal cliff will have on the economy and have on consumers and potentially lead us back into as you mentioned what a lot of economists believe, another recession. gregg:...
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over the punishments against penn state. the n.c.a.a. took away winds, reduce scholarships and back and temporarily banned the school from competing in the post season because of how administrators handled sex scandal. >> survivors of the weekend was crash on a roller down highway are collected and passports of a return of the canada. police officers allow people to pick up their belongings which were strong across the hillside. sunday their tour bus crashed on an icy road. the red cross as a lot of the survivors are afraid to get on another bus so a nearby car dealer over offered vehicles for the drive home. at least 14 people are still hospitalized in three states. the crash killed nine and injured 38 others. >> a connecticut lawyer has a hand written has withdrawn his request to sue the state over the sandy hook elementary school shooting. is that it shouldn't left 26 people dead including 20 children. irving penske accuse the state of failing to provide a safe setting. he wanted $100 million in damages on behalf of his six year-old g
over the punishments against penn state. the n.c.a.a. took away winds, reduce scholarships and back and temporarily banned the school from competing in the post season because of how administrators handled sex scandal. >> survivors of the weekend was crash on a roller down highway are collected and passports of a return of the canada. police officers allow people to pick up their belongings which were strong across the hillside. sunday their tour bus crashed on an icy road. the red cross...
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matt mccall is president of penn financial group llc. the irs is today notifying employers on how much they will have to withhold from their employees' checks. let's go through each and every one of these tax increases if there is no deal, and we dive off the cliff. let's begin with the first one. marginal income tax rates ric rice for nearly everybody in america. >> over 90% of americans will be hit with higher taxes, and everybody talks about the wealthy getting hit the hardest. what i find fascinating is two-thirds of americans that make less than $20,000 a year will get hit with higher tax rates which will equal a gain of close to $600 more per year in taxes. if you're making let's say $18,000 you could get hit with $600 more in taxes. it doesn't sound like a lot to a lot of people but that takes a huge chunk out of putting food on the table and getting clothes for your children. it's a big deal. gregg: estate taxes will rice from 35% on 5 million or more to 55% on 1 million or more. >> you know this really affects a lot of people in
matt mccall is president of penn financial group llc. the irs is today notifying employers on how much they will have to withhold from their employees' checks. let's go through each and every one of these tax increases if there is no deal, and we dive off the cliff. let's begin with the first one. marginal income tax rates ric rice for nearly everybody in america. >> over 90% of americans will be hit with higher taxes, and everybody talks about the wealthy getting hit the hardest. what i...
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last june former penn state assistant coach jerry sandusky was convicted of sexually abusing ten boys. in july, the university agreed to a $60 million fine to be used to finance child abuse prevention grants across the country. state and federal lawmaker have raised objections to the money being spent outside of the state of pennsylvania. >>> when we come back, we'll make our first trip to chairs in 2013. the stories that we're squawking about to start the new year after this. >>> before we do that, before we head to break, check out the early action in europe. this is a good indication of what you'll see here this morning. u.s. futures are sharply higher, same story over in europe. right now the cac in france up 2.2%. similar gains in germany and in london. we'll see more when we come right back. at farmers, we make you smarter about insurance. because what you don't know can hurt you. what if you didn't know that boxes by the curb... make you a target for thieves? or that dog bites account for a third of all home liability claims? what if you didn't know that one in seven drivers is
last june former penn state assistant coach jerry sandusky was convicted of sexually abusing ten boys. in july, the university agreed to a $60 million fine to be used to finance child abuse prevention grants across the country. state and federal lawmaker have raised objections to the money being spent outside of the state of pennsylvania. >>> when we come back, we'll make our first trip to chairs in 2013. the stories that we're squawking about to start the new year after this....